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jackson227

03/25/09 12:26 AM

#60210 RE: MONEYMADE #60204

Even by their gorilla math, 14.9 B for IndyMac - 10.7 B in costs = $4.2 Billion

I think IndyMac's assets were about $30 B.

$4.2 B / $30 B = .14


$1.888 B for WaMu - $O costs = $1.888 Billion

WaMu's assets were about $307 Billion.

$1.888 B / $ 307 B = .00615


And those are just numbers used to show the ridiculousness of the "deal" between JPM and the FDIC.


This is in response to #31.
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jackson227

03/25/09 12:32 AM

#60214 RE: MONEYMADE #60204

#32 should not even be in a document of this nature.